BERLIN — Audi is planning an electric-car factory in the U.S. to take advantage of the subsidies offered through the Inflation Reduction Act (IRA), CEO Markus Duesmann told the Frankfurter Allgemeine Sonntagszeitung. “We do not have a factory in the U.S. yet. With the American government’s Inflation Reduction Act, building a U.S. plant for electric
Month: February 2023
12:15 PM ET SAKHIR, Bahrain — Reigning world champion Max Verstappen topped the opening day of preseason testing as Formula One returned to action in Bahrain. The three-day test at the Bahrain International Circuit is the only chance teams will have to run their cars on track ahead of the opening race at the same
Ford Motor Co. has again extended the temporary closure of its Louisville Assembly Plant for another week as it battles a software issue on the refreshed Escape and Lincoln Corsair crossovers. The plant’s building chairman, Brandon Reisinger, informed employees Thursday the downtime will now last until March 6, which Ford confirmed to Automotive News. Next
Some of the most high-traffic venues in the country — convenience stores, big-box retailers, travel centers and quick-stop restaurants — are having an aha! moment: Adding electric vehicle chargers on site could bring in new customers to shop while their cars power up. Subway announced plans to install EV chargers this week, while BP Products
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk, chief executive officer of Tesla Inc., departs court in San Francisco, California, US, on Tuesday, Jan. 24, 2023. Marlena Sloss | Bloomberg | Getty Images The SEC argued in a letter to the U.S. Court of Appeals for the Second Circuit in New
I’m a fan of special-order colors. Ever see a Chevy ordered in Pontiac’s Verdoro Green? Or an Oldsmobile ordered in Dodge’s Plum Crazy? I have, and it’s somewhat neat to see. The day of paying extra for a non-production color are long gone for most “regular” cars, but fancy brands and special models (Corvette, anyone?)
We installed solar panels and a Tesla Powerwall at our home in October of 2021, and, needless to say, we’ve been quite impressed. However, we’ve also been fortunate to have almost no major power outages in our area since the installation, so this epic ice storm is really the system’s first true test. Thanks to
Ram, GMC, Ford, Tesla and Dodge have the lowest female buyer representation of top brands in the U.S., new data from S&P Global Mobility shows. An analysis of 2022 data by the market research firm found that only 17 percent of Ram‘s new personal vehicle registrations listed female owners. The four other bottom brands all
European Commission Vice President Valdis Dombrovskis will head to Washington next month for more talks about the U.S. Inflation Reduction Act (IRA), he said, adding that discussions are unlikely to solve all the EU’s concerns about the law. Dombrovskis, the European Union’s commissioner for trade, said progress was being made in some areas of the
12:26 PM ET Associated Press In IndyCar’s effort toward environmental sustainability, one of the world’s largest tire manufacturers will rely on a desert shrub to produce a new source of natural rubber for its tires. Bridgestone Americas said Thursday it has used the offseason to incorporate more sustainable and bio-circular materials into its tires this
Woman Drives Chrysler 300 Straight Into Ditch Ignoring Construction Workers’ Warnings | Carscoops Firefighters extracted the woman with critical injuries, but she’s now at the hospital in stable condition by Stephen Rivers 5 hours ago by Stephen Rivers Construction workers can have a tough job and it’s made even harder by the inherent dangers they
Carvana Co. said Thursday it recorded a net loss of $806 million in the fourth quarter, bringing its overall financial losses in 2022 to $1.6 billion. The company’s rising tide of red ink caps off a year of inflationary pressures, rising interest rates, reductions in profit per vehicle and fluctuations in consumers’ used-vehicle demand, all
The U.S. must bolster its lithium battery cell sourcing and manufacturing strategy to compete in the expanding lithium-battery market and reach climate goals, according to Li-Bridge research. The lithium battery cell market in the U.S. is expected to reach $55 billion per year by 2030, but the current growth pace of domestic sourcing will limit
In this article RIDE Follow your favorite stocksCREATE FREE ACCOUNT Lordstown Motors gave rides in prototypes of its upcoming electric Endurance pickup truck on June 21, 2021 as part of its “Lordstown Week” event. Michael Wayland / CNBC Lordstown Motors said Thursday it will suspend production and deliveries of its all-electric Endurance pickup to address
It’s easy to explain and deconstruct some cars. The Fisker Karma is not one of them. We test the Karma to see how it’s “green mission” holds up to the numbers.
By William Johnson Posted on February 22, 2023 Atlis Motor Vehicles, an electric truck startup, has posted a video online demonstrating its megawatt charging technology on its new EV charger. As electric vehicles have gained prominence in recent years, more and more emphasis has been placed on the charging speed of the vehicles and chargers
BENGALURU – Tata Motors has begun talks with sovereign wealth funds and private equity investors to raise up to $1 billion via a stake sale in its electric-vehicle business,The Economic Times reported, citing sources. The company, which owns Jaguar Land Rover, plans to sell a significant minority stake, the newspaper report added, eyeing a valuation
5:11 AM ET Formula One’s new all-female F1 Academy series will be on the support programme for the U.S. Grand Prix in Austin next October according to a seven round, 21-race calendar published on Thursday. The six other tracks used will be Austria’s Spielberg in April, Spain’s Valencia and Barcelona in May, Zandvoort in the
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